Chase Payment Solutions vs ProMerchant

Operating under the prestigious J.P. Morgan Chase & Co., Chase Payment Solutions has a long heritage. Established in 1955 and headquartered in New York, this financial powerhouse provides companies with an extensive range of payment options. Being a major participant in the market, Chase makes it easier for companies to process credit cards. They emphasize same-day funding, worldwide reach via a partnership with Authorize.net, and state-of-the-art tools for API developers to create customized solutions. The PCI-DSS compliance, supported by the sophisticated features of the Orbital virtual terminal, demonstrates the company's dedication to security. Chase offers services to a wide range of sectors, including healthcare and retail, and offers useful information via tools like Chase Customer Information that businesses can use to enhance their sales and marketing funnel. While the BBB recognizes Chase's financial power with an A+ rating under their parent company, Trustpilot users applaud their ease of use and quick deposits. With its own G2 profile, the Orbital service garners praise for integrated solutions but faces scrutiny for occasional downtime. Chase's commitment to streamlining payment acceptance is seen in the variety of POS systems, payment gateways, and their customer-focused support channels.

ProMerchant is a credit card processing company founded in 2018 that offers solutions for small businesses. The business provides services for both traditional brick-and-mortar businesses and online retailers. They have two price options: one offers no processing fees to retail businesses and restaurants, and the other utilizes an interchange with a fixed percentage rate and transaction fee cost structure. ProMerchant boasts that its representatives can approve your account in as little as two hours. They have gotten favorable feedback from clients and are renowned for their capacity to work with high-risk enterprises. ProMerchant is a wonderful alternative for companies of all sizes because it supports practically every small business. ProMerchant has an A+ rating on the BBB website, though they are not accredited by them. They earn positive reviews from customers, getting a 4.9/5 score on Trustpilot, and are recognized for a fast approval process and competitive pricing.